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Dec 31, 2012
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the first family remains in hawaii for the christmas holiday vacation and the president returned mid-week last week and spending much of the weekend in negotiations and try to push his message and he made an appearance yesterday on nbc's "meet the press." the house remains in recess with a statement from the house republican whip kevin mccarthy who asked members to stay flexible saying that today's schedule remains fluid and members are advised to remain close to the capital. votes are possible pending action from the senate, please stay as flexible as possible. our phone lines are open so tell us what you think about all this as we approach, within 10 hours of the fiscal cliff deadline, no timetable on when votes would happen in the senate and later in the house. congress is taking up to the last second. it could be well into the evening if anything happens. you can also join the conversation on our facebook page. what is your message to washington -- forge a compromise or go over the cliff? let's get to your phone calls. we have a caller from norfolk, virginia. caller: good afternoon. i
the first family remains in hawaii for the christmas holiday vacation and the president returned mid-week last week and spending much of the weekend in negotiations and try to push his message and he made an appearance yesterday on nbc's "meet the press." the house remains in recess with a statement from the house republican whip kevin mccarthy who asked members to stay flexible saying that today's schedule remains fluid and members are advised to remain close to the capital. votes...
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Dec 31, 2012
12/12
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but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but wit
but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned...
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Dec 28, 2012
12/12
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. >> president obama caught the hawaii vacation short for what reason? >> that's act one or two of the kabuki. to make it seem as though even though he flew off for vacation, he cares about what is happening. that's why so many americans and fox viewers obviously in particular are fed up with what's going on in d.c. because it seems there's always a predetermined conclusion. and for the last 30, 40 years in american politics, that end has been kicking the can down the road further and not telling america that finally once and for all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election,
. >> president obama caught the hawaii vacation short for what reason? >> that's act one or two of the kabuki. to make it seem as though even though he flew off for vacation, he cares about what is happening. that's why so many americans and fox viewers obviously in particular are fed up with what's going on in d.c. because it seems there's always a predetermined conclusion. and for the last 30, 40 years in american politics, that end has been kicking the can down the road further...
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Dec 28, 2012
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. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lack of leadership he has to appear, at least, to be coming back to find a solution. if the president was really interested in the level of the debt we have in this country, the $16 trillion, we would have had a budget passed in the senate sometime in the last three years. he proposed a budget and none of the democrats even voted for it. it got 0 votes. i don't think the president is focused where we ought to be focused which is the spending. we have a spending problem. he's fixated on tax rates that only give you about seven days of what the government spends. >> he didn't get any votes on his budget or not very many, but i will give him credit for at least submitting one. it's more than senator harry reid has done on behalf of the senate democrats. the senate democrats haven't proposed a budget. and unless everyone puts a budget on the table there can't be a discussion. senator harry reid
. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lack of leadership he has to appear, at least, to be coming back to find a solution. if the president was really interested in the level of the debt we have in this country, the $16 trillion, we would have had a budget passed in the senate sometime in the last three years. he proposed a...
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Dec 28, 2012
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>> after he so selfishly cut short his christmas vacation in hawaii, he's back in washington for the last minute fight over the looming fiscal cliff. but both sides of the aisle say there's no deal in site. it makes us wonder what has the president been doing and what has he accomplished up to this point? should he have jetted off for a tropical vacation and a little r and r this joining me now, the one and only charles krauthammer. charles, merry christmas and happy new year. >> thank you very much. you too. >> let's look at the politics of this. we saw what happened with the plan b. the senate has not passed a budget in over 1300 days. president goes off, 18 hours on the golf course, 20 hours in the air. how do you view this politically and should republicans even consider that? >> well, i don't begrudge him his holiday. i do begrudge what he's done in this fiscal cliff talks. it's been very clear from the beginning that he had no intention to solve the fiscal issues. he's been using this, and i must say with great skill and ruthless skill and success, to fracture and basically sha
>> after he so selfishly cut short his christmas vacation in hawaii, he's back in washington for the last minute fight over the looming fiscal cliff. but both sides of the aisle say there's no deal in site. it makes us wonder what has the president been doing and what has he accomplished up to this point? should he have jetted off for a tropical vacation and a little r and r this joining me now, the one and only charles krauthammer. charles, merry christmas and happy new year. >>...
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Dec 28, 2012
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. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us into this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. as for the super rich? well, consider basketball phenom lebron james. he makes about $53 million. he could see his taxes go up by more than $2.4 million next year alone. and it's not just taxes. on january 1st, unemployment benefits expire for some 2 million people. and we've just learned the president will meet tomorrow at the white house with congressional leaders. one last ditch effort to get someth
. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for...
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Dec 28, 2012
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senator mcconnell mountains a phone call received from president obama while he was in hawaii. this is 15 minutes. >> you will excuse me if i am frustrated in the situation i find myself in. president obama, self and others and asked if there was something we could do to avoid in the fiscal clef. we have been asking the president and the democrats to work with us on a bipartisan agreement for months. a plan that would simplify the tax code, st. the deficit, protect the tax payers, and put the economy. democrats consistently rejecting the offer is. the president chose instead to spend time on the campaign trail. this was after he got reelected. a congressional democrats said on their hands. we have stepped away out of our comfort zone. we wanted an agreement. we had no takers. the phone never rang it. here we are five days after the new year and we might finally start talking. democrats have had a year to put forward a balanced bipartisan proposal. if they had something that fixed the bill, i'm sure the majority leader would have to deliver the votes the president needed to pass
senator mcconnell mountains a phone call received from president obama while he was in hawaii. this is 15 minutes. >> you will excuse me if i am frustrated in the situation i find myself in. president obama, self and others and asked if there was something we could do to avoid in the fiscal clef. we have been asking the president and the democrats to work with us on a bipartisan agreement for months. a plan that would simplify the tax code, st. the deficit, protect the tax payers, and put...
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Dec 27, 2012
12/12
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the president came all the way back from hawaii, cut short the vacation, left the family back. no meeting scheduled yet but i would expect you will see congressional leaders sometime over the next 24, 36 hours, come to the white house one last ditch effort to at least stop these tax hikes from going into effect and extend the unemployment benefits. butguarantee. >> and some speculation that meeting could be tomorrow. >> reporter: yes. >> we'll see. jon, thank you. the clock is ticking. >>> two more important political notes we're following tonight. former president george bush remains in a hospital in house gone for what a spokesman describes as a series of setbacks. he is said to be in guarded condition in intensive care, nursing an elevated fever. he is currently on a liquids only diet after being treated for a lingering bronchitis-related koug. >>> and there is late word today that secretary of state hillary clinton will be back at work next week. mrs. clinton has been recovering at home from aen concussion. an aide tells us she's looking forward to resuming her schedule. >>
the president came all the way back from hawaii, cut short the vacation, left the family back. no meeting scheduled yet but i would expect you will see congressional leaders sometime over the next 24, 36 hours, come to the white house one last ditch effort to at least stop these tax hikes from going into effect and extend the unemployment benefits. butguarantee. >> and some speculation that meeting could be tomorrow. >> reporter: yes. >> we'll see. jon, thank you. the clock is...
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Dec 27, 2012
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the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of their own that could get bipartisan support. >> reporter: taxes go up for every worker next week. unemployment benefits for those out of the job longest run out. deep spending cuts kick in that could hasten a recession. and that hits a nerve. >> it really upsets me, because the government is supposed to be working for the people. and i don't see that. >> i wish they would hurry up and make a decision, one way or the other. >> reporter: today, even house chaplain's daily prayer -- >> as this chamber lies silent still -- >> reporter: reflected the painful wait for a deal to
the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of...
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Dec 27, 2012
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why trouble are those in hawaii. it could be a problem. look, i agree with you, these are congressmen and congresswoman. if there is seriously a deal, they will find a way to get here and it will be done. gerri: there were all sorts of interesting stories, rumors about putting something on a table on sunday. some other information going to come out for democrats. that would be something new. >> he will actually put something forward. scott braun was talking about that on his facebook page. i don't think the president wants to trade off a political victory in terms of recession. he really wants to get his agenda through in the next two years and if we go in recession he will have a hard time doing that and the blame will shift from republicans to the white house because they couldn't get a deal done. gerri: you would think the blame will be shipping from republicans to the white house? >> when people say the tax bill being raised average $3500, people will be piping mad looking for somebody to blame and we know the democrats control two of
why trouble are those in hawaii. it could be a problem. look, i agree with you, these are congressmen and congresswoman. if there is seriously a deal, they will find a way to get here and it will be done. gerri: there were all sorts of interesting stories, rumors about putting something on a table on sunday. some other information going to come out for democrats. that would be something new. >> he will actually put something forward. scott braun was talking about that on his facebook...
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Dec 27, 2012
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the president called each of the four congressional leaders before leaving hawaii. in his conversation with the senate republican leader, mitch mcconnell told the president, he must see details of any democratic proposal before agreeing to allow a vote, according to a mcconnell aide, who also said it was the first time the two men talked since thanksgiving. >> we'll see what the president has the to propose. members on both sides of the aisle will review it. and then we'll decide how best to proceed. hopefully itthere's still time r an agreement that saves the taxpayers from a wholly preventable economic crisis. >> democrats say the only way to avert that crisis at this late date is with the president's long-held position. keep tax cuts in place for households making under $250,000. >> there is absolutely no reason, none, not to protect these americans from a tax hike. >> but republicans say public pronouncements are not enough. they need and expect to get more details. meanwhile, the blame game is getting even more personal. >> john boehner seems to care more about
the president called each of the four congressional leaders before leaving hawaii. in his conversation with the senate republican leader, mitch mcconnell told the president, he must see details of any democratic proposal before agreeing to allow a vote, according to a mcconnell aide, who also said it was the first time the two men talked since thanksgiving. >> we'll see what the president has the to propose. members on both sides of the aisle will review it. and then we'll decide how best...
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Dec 27, 2012
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the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will review legislation to make decisions on how fast -- best to proceed. >> it takes time for the house and senate to get something done. if there is a solution agreed to buy political leaders it could take beyond the new year before it gets through congress to the president's desk. tracy: click and expedient. lori: the efficiency. tracy: u.s. government set to hit the legal borrowing limit on monday. 16.
the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority...
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Dec 27, 2012
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. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with democ
. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely,...
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Dec 27, 2012
12/12
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from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction. >>> winter storm causing some real headaches. millions of folks in the mid-atl
from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about...
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Dec 27, 2012
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he left hawaii last night after less than a week there. he had to come back, had to be in washington in time to deal with the looming fiscal cliff just five days away. jessica yellen waiting for him at the white house. great to see you. what can the president do at this point, i guess, is the big question. and are aids still hopeful for a deal before january 1st? >> taking your second question first, hopefully, yes. confident, i would say that's going too far. at the white house they are frowning about what they consider recalls trance on willing to compromise. what can the president do, he can con joel all sides closer to some sort of agreement. from the democrats perspective what they think needs to be done is to get senate leader mcconnell to agree not to filibuster any action in the senate and then get speaker boehner to agree to put a bill forward on the house floor for a vote. if those two pieces happen, then they feel like there could be something done before new year's. so it's sort of con joeling mitch mcconnell to agree to those
he left hawaii last night after less than a week there. he had to come back, had to be in washington in time to deal with the looming fiscal cliff just five days away. jessica yellen waiting for him at the white house. great to see you. what can the president do at this point, i guess, is the big question. and are aids still hopeful for a deal before january 1st? >> taking your second question first, hopefully, yes. confident, i would say that's going too far. at the white house they are...
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Dec 27, 2012
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the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a letter to congress said wednesday the united states will hit the $16.4 trillion
the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is...
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Dec 27, 2012
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 27, 2012
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president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic le
president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate...
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, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business. >> you see any in the financial markets, you see any tumult next week? >> well, when the fed adjusts rates you're going to be looking at some very significant potential losses in the banking industry. not in the health and maturity -- >> not the fiscal cliff? >> no, i'm just talking about interest rates. >> anything happening if we go through? you know it's coming up, monday is new year's eve. >> it will hurt the economy which will hurt banks. but banks have rallied, i think, mostly because of the fed. they have cash flow, they were un
, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business....
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the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . million
the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000...
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Dec 27, 2012
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find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scale back, focusing on tax cuts and saying what he campaigned on during the entire campaign which is only keeping tax cuts in place for those under $250,000. it is a big ask to try to get -- by our calculation ten senate republicans to cross over. they think with the deadline they are up against it will be hard to go home and say i let everybody's taxes go up. >> what do we know about what is in this scaled back bill? it's still being crafted. that's part of the dance being done in the next few days, which is what do democrats have to put in to this in order to lure those republicans, if anything? is there anything they can do? fundamentally for most republicans, voting for the president's plan that will raise taxes on the top two percent that most republicans campaigned against are not going to go for it. but perhaps democrats think if they add an extension of the estate tax cut or other tax extenders in there they can lure some republicans. but that is part of the negoti
find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scale back, focusing on tax cuts and saying what he campaigned on during the entire campaign which is only keeping tax cuts in place for those under $250,000. it is a big ask to try to get -- by our calculation ten senate republicans to cross over. they think with the deadline they are up against it will be hard to go home and say i let everybody's taxes go up. >> what...
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president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel inouye. he will leave hawaii for washington tonight and is expected to be sworn in sometime tomorrow afternoon. the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the hou
president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel...
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hawaii's governor naming a successor to senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it is in part the reason why house republicans didn't make a decision to bring the house back or when to do it. the ball is in the senate's courts especially with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right befo
hawaii's governor naming a successor to senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i know we...
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of unique to hawaii. hawaii's governor neil abercrombie was provided with a list of three potential replacements for senator inouye. the three they put together included the state's current lieutenant governor. the governor got to choose among those thee and tonight he announced his decision. >> i have informed the leadership of the united states senate with senator reid, the majority of the united states senate brian schatz will be the next senator from hawaii. >> brian schatz, governor abercrombie chose his own lieutenant governor to be the state's next senator. he's a former chairman of the presidential party. this appointment is not without controversy. senator daniel inouye's last request is that he be replaced by colleen hannabussa. tonight the senator's office releases this statement. he conveyed his final wish to senator abercrombie. we're disappointed it was not honored, it was the governor's decision to make. brian schatz will leave hawaii tonight with president obama aboard air force one, in or
of unique to hawaii. hawaii's governor neil abercrombie was provided with a list of three potential replacements for senator inouye. the three they put together included the state's current lieutenant governor. the governor got to choose among those thee and tonight he announced his decision. >> i have informed the leadership of the united states senate with senator reid, the majority of the united states senate brian schatz will be the next senator from hawaii. >> brian schatz,...
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he is here in sunny hawaii. not just taxes going up, 2 million people unemployed are about a to lose their employment insurance if there is no deal here. the final point i make, ats white house official the president is's going back now tonight, what is on his agenda, what did he dotl differently he couldn't do on the telephone in hawaii?th they have nothing on the schedule yet, they don't know if he will ringleader bring leadere white house.e does he wait until friday? the bottom line is the clock is ticking every single leve levere president has pulled has not worked. eric: thank you very much. the president reported i get that for c free comment, grover norquist joins us now. let's stay on this other thing. they have known for a couple of days the president would likely, leave hawaii, fly in, drop and washington, d.c., and try to save america from falling off the fiscal cliff. how does the president when this optics war, grover? >> it is all politics. he has not put a proposal on the table that makes any sens
he is here in sunny hawaii. not just taxes going up, 2 million people unemployed are about a to lose their employment insurance if there is no deal here. the final point i make, ats white house official the president is's going back now tonight, what is on his agenda, what did he dotl differently he couldn't do on the telephone in hawaii?th they have nothing on the schedule yet, they don't know if he will ringleader bring leadere white house.e does he wait until friday? the bottom line is the...
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. >>> hawaii's governor naming lieutenant governor today. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. nor is it clear what kind of deal if any they are will are have to vote on. a lot of digging tonight for dcc's dana bash. >> how likely are we to see a vote and time to avoid going over the cliff? >> it is in part the reason why housep republicans didn't make a decision to bring the house back. at this point what they are trying to figure out is whether or not they can find enough republican ares to cross party lines for what the president proposed before he went to who why. focusing on what he campaigned on. it is a big ask to get ten sep at republicans to ask them to cross over. >> so what more do we know then. it is still being crafted and that is the dance that is being down. what do democrats have to put into this. is there anything that they can do? voting for the
. >>> hawaii's governor naming lieutenant governor today. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. nor is it clear what kind of deal if any they are will are have to vote on. a lot of digging tonight for dcc's dana bash. >> how likely are we to see a vote and time to avoid going...
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hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
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and governor brian chats was just named the next senator from hawaii. back to "hardball." >>> welcome back to "hardball." president obama's choice for secretary of state john kerry is expected to sail through his confirmation process, but the president has yet to name his pick for the secretary of defense. that may be because the candidate who is reportedly the white house's top choice chuck hagel could be a powder keg. he's been attacked by neocons. engaging groups like hamas and statements he's said of the israeli lobby in washington. today in the washington post a group of former security advisers all defended hagel saying he is quote, a many of unshankable integrity. far more telling comments over the weekend from influential senators. lindsay graham and the retiring joseph lieberman are hawkish on the national defense and both show trepidation about hagel. here they are. >> a lot of republicans are going to ask him hard questions and i don't think he's going to get many republican votes. i like chuck, but frankly all of them are out of the mainstre
and governor brian chats was just named the next senator from hawaii. back to "hardball." >>> welcome back to "hardball." president obama's choice for secretary of state john kerry is expected to sail through his confirmation process, but the president has yet to name his pick for the secretary of defense. that may be because the candidate who is reportedly the white house's top choice chuck hagel could be a powder keg. he's been attacked by neocons. engaging groups...
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tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you? "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm natalie morales in tonight for brian. and we begin with serious winter weather that is moving east. rain, snow and wind that is snarling a lot of travel plans for those trying to make it home from holiday travels. it is the same storm system that is responsible for at least three deaths and spawned record-setting tornadoes in the south over the past 24 hours. we have it all covered, and we begin with the experts who are always out in the middle of these storms. weather channel
tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you?...
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president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
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that's pretty good this time of year. >> chilly for hawaii. any more cabinet moves expected before the end of the year? >> it doesn't look like it. number one, one of the biggest sometimes is the treasury secretary job because tim geithner wants to step down. jack lou is the lead be contender but we're told the president doesn't want to mess up of fiscal cliff negotiations worse than they are. tim geithner in the middle of those talks so we don't expect that move. the defense department, leon panetta likely to step down. chuck hagel has been the leading contender we're told but now is running into interference from groups, including chuck schumer, who is expressing concern and former republican senator is the right guy. this is playing out like the susan rice situation, the u.n. embassador who never got nominated but there was criticism to the president pulled it back. john kerry getting that nomination. there's frustration among the president's supporters that he's leaving names out and not moving ahead but the fiscal cliff negotiations are d
that's pretty good this time of year. >> chilly for hawaii. any more cabinet moves expected before the end of the year? >> it doesn't look like it. number one, one of the biggest sometimes is the treasury secretary job because tim geithner wants to step down. jack lou is the lead be contender but we're told the president doesn't want to mess up of fiscal cliff negotiations worse than they are. tim geithner in the middle of those talks so we don't expect that move. the defense...
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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right now, the president makes his way back from hawaii today and tonight. the house, we don't know when they are back. boehner is stuck in a blizzard in butler county ohio and don't know when he'll be back. more details from the survey which is interesting. 68% of those polled said negotiators should compromise and 22% said stick to your principles. interesting people are weighing in on this and starting to think about this as we approach the deadline. >> the policies are fascinating, democratic handling and waning on the republican negotiators. >> we knew the republicans would be blamed for the cliff. that's been clear. poll after poll shows that. >> holidays are over. we've gotten through that and now we pay attention to what's going on, and, man, it's ugly. >> i have my husband's birthday to get through. the beat goes on. >> christmas babies get gypped. i feel bad. >> yeah. >> what are you talking about tonight? >> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. c
right now, the president makes his way back from hawaii today and tonight. the house, we don't know when they are back. boehner is stuck in a blizzard in butler county ohio and don't know when he'll be back. more details from the survey which is interesting. 68% of those polled said negotiators should compromise and 22% said stick to your principles. interesting people are weighing in on this and starting to think about this as we approach the deadline. >> the policies are fascinating,...
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. >>> anytime you leave hawaii, it is too soon. but six days before the fiscal cliff, president obama cutting short his christmas vacation on the off chance he and congress might be able to cut some kind of deal. he left. but brianna keilar is still there in honolulu. when's the president leaving and why does he really expect to avoid the cliff? >> reporter: i will be leaving as well when the president leaves, don. he is expected. he will be leaving tonight. that's local time. so he'll be traveling overnight and arriving back in the d.c. area late thursday morning. as you know, the senate reconvenes tomorrow. so he'll be going back as that is happening. we heard from him last week as he was heading out to hawaii. he said, see you next week. we had a thought that this was probably going to happen. he is officially now going back. he said last week, don, that he is still optimistic that something can get done. the other issue here, though, is you can imagine, how bad it would look if he go over the cliff and there's a lot of work to
. >>> anytime you leave hawaii, it is too soon. but six days before the fiscal cliff, president obama cutting short his christmas vacation on the off chance he and congress might be able to cut some kind of deal. he left. but brianna keilar is still there in honolulu. when's the president leaving and why does he really expect to avoid the cliff? >> reporter: i will be leaving as well when the president leaves, don. he is expected. he will be leaving tonight. that's local time. so...
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even hawaii, you will lose all your crew today because in january, newark to honolulu, by the time you get there, it will be all gone but $419. >> you are going to lose a great deal. we have a little time. i want to get quickly, first class domestic fares, you can get a good deal and fly up front. quickly. >> check three bags for free. washington d.c. to fort lauderdale looking at 439, 6 foot tall or five foot tall, extra legroom, i could drink that kind of beverage for that kind of phrase. in new york 500, even san juan, pr out of dallas and chicago, first class, mid seven hundred range. shibani: you had a vacation. thanks very much. looking forward to your palm tree shirts in return. see you soon. dennis: is 14 minutes till. stocks every 15 minutes. the dow looking bad here. nicole: looking great on wall street today as far as the numbers if you are bullish out there and hoping for some strong finish the day after christmas. here is on look at the dow jones industrials down 55 points. a majority of names have been under pressure. i have seen names like bank of america and hewlett-pac
even hawaii, you will lose all your crew today because in january, newark to honolulu, by the time you get there, it will be all gone but $419. >> you are going to lose a great deal. we have a little time. i want to get quickly, first class domestic fares, you can get a good deal and fly up front. quickly. >> check three bags for free. washington d.c. to fort lauderdale looking at 439, 6 foot tall or five foot tall, extra legroom, i could drink that kind of beverage for that kind of...
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he is leaving hawaii tonight, so that he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> and back here at home, former major league baseball player andruw jones is free on bond this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a christmas outage in its video streaming service. yes, it happened on christmas, a li
he is leaving hawaii tonight, so that he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their...
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david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an amazon web service center in virginia. full service was restored on christmas day. the company being blamed, amazon, shares of amazon are also down today, and what you might see written on your next cup of jo from starbucks. we will tell you what that is coming next right here. david: well, you might start to notice that starbucks employees are not writing your name on your latte, but they are putting a message there instead. a new campaign from a starbucks chief executive is urging his employees to write come together on customers' cups as a message to lawmakers as an effort to urge lawmakers to come
david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an...
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the president is scheduled to leave hawaii at 10:00 hawaii time. we have snow. the president is coming back to this. after being on the beautiful beaches of hawaii with the nice warm water. this is what happens when you don't have a budget deal. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> before the president left for his christmas break, he warned congress about self-inflicted wounds on a massive tax increase and economic calamity. what's going to give? with politico, role call from shark week, we appreciate it. we cover congress and we were there late, late into the night las
the president is scheduled to leave hawaii at 10:00 hawaii time. we have snow. the president is coming back to this. after being on the beautiful beaches of hawaii with the nice warm water. this is what happens when you don't have a budget deal. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle....
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i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the last 18 months? i can't imagine. >> why does the market not care if you're right? >> why does the market not care? people are saying there are reasons to own the stock market, irrespective of the fiscal cliff and things coming in the wake of sequestration and expiration of tax cuts actually good, things to embrace. let's embrace good things. republicans should like it. a little bit of fiscal responsibility in here and military budgets no party wants to take on, irrespective of parties. a lot to like. maybe they think bernanke can come in and to a certain degree fix with more stimulus policy and buying of assets
i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the...
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say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the re
say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a...
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obama and the first lady traveled to a marine base in hawaii yesterday to visit with service members and their families. tonight, the president will make the long flight back to washington to resume negotiations to avoid that fiscal cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the board. and the president was hoping that everyone could cool off, drink of eggnog, spend time with the family and when you get back to washington on thursday, let's hammer it out. but a lot of people are saying it doesn't look like it may happen at all. >> a lot of people will be celebrating on new years. when we wake up january 1, there might be a lot of upset people. >>> in other
obama and the first lady traveled to a marine base in hawaii yesterday to visit with service members and their families. tonight, the president will make the long flight back to washington to resume negotiations to avoid that fiscal cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small...
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hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up onl only .18%. and sur la table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's
hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city...
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Dec 25, 2012
12/12
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CSPAN2
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first act which lasted from a jones departure on the first circumnavigation to james cook's death in hawaii, that is from 151-92-1759, mariners he went around the world did so in fear. it was reasonable for them to be fearful in the dangers of such a voyage in the age of sail. in mortality rates for circumnavigation routinely covered in the 70th percentile so a lot of people try to go around the world. the world simply shrugged most of them off so in this initial phase death prevailed in fear was the response. in the 1780s until the 1920s however travelers made their way around the world with a striking confidence that they could survive the experience. that was because it generated technologtechnolog y and political networks that seem to have conquered the globe. at this point it was not only possible to go-round the world that have become a popular pastime. representations of doing the circumnavigation became playful, enticing and even joyous. there were costs not all of them hidden that they seemed out weighed by the glories in making an easy swing around the planet. over the 20th centur
first act which lasted from a jones departure on the first circumnavigation to james cook's death in hawaii, that is from 151-92-1759, mariners he went around the world did so in fear. it was reasonable for them to be fearful in the dangers of such a voyage in the age of sail. in mortality rates for circumnavigation routinely covered in the 70th percentile so a lot of people try to go around the world. the world simply shrugged most of them off so in this initial phase death prevailed in fear...
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Dec 24, 2012
12/12
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CNNW
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so congress has broken camp for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that will be very hard for some republicans, maybe even some democrats to sign on to. >> right, and, you know, fo
so congress has broken camp for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the...
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Dec 24, 2012
12/12
by
MSNBCW
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the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through the house. republica
the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the...
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Dec 24, 2012
12/12
by
KGO
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the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congress comes back two days after christmas. that gives them four dice come to an agreement and pass something. not an easy task. >> so we know what it means for
the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone...